"People don't want to buy a quarter-inch drill. They want a quarter-inch hole." - Theodore Levitt, Harvard Professor |
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Insight Driven Marketing
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| The logo
is not the brand. The product name is not the brand. All brands are products, but not all product are brands |
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What is a brand? A brand adds dimensions to a product beyond the tangible good, dimensions that differentiate the product in some way from other products which are designed to serve the same need. This difference may be a more concrete attribute such as relating to the performance of the product or serving as a more abstract, symbolic, or emotional attribute. A brand can be associated with a Physical Good - Intel Pentium, Prince Tennis Racket, Coca Cola Softdrink A brand can be associated with a Service - Nordstrom's, Southwest Airlines, Wells Fargo A brand can be associated with a Person - Michael Jordan, Tom Cruise, Madonna A brand can be associated with a Place - San Francisco, Paris, Brazil A brand can be associated with an Organization - McKinsey, Red Cross, U2 A brand can be associated with an Idea - free trade, human rights, ecology So in essence you can Brandeverything, but is branding worth it? See it illustrated with a Case For Branding
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